A bill to allow certain newspapers to be treated as described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of such Code.

3.0.0 3602 2023-01-11T13:18:04Z 2023-01-11T13:18:04Z House H HR 2009-09-17 111 hswm00 Ways and Means Committee House Standing Referred to 2009-09-17T14:07:47Z A bill to allow certain newspapers to be treated as described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of such Code. 111 673 S 2009-03-24 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3659) Identical bill CRS 2009-09-17 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2009-09-17 Sponsor introductory remarks on measure. (CR E2313) IntroReferral B00100 9 Library of Congress 2009-09-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-09-17 Introduced in House IntroReferral 1000 9 Library of Congress M000087 Rep. Maloney, Carolyn B. [D-NY-14] CAROLYN MALONEY D NY B. 14 N R000581 Rep. Richardson, Laura [D-CA-37] Laura Richardson D CA 37 2009-10-20 False Taxation Income tax deductions Income tax exclusion News media and reporting Sales and excise taxes Social work, volunteer service, charitable organizations Tax-exempt organizations Taxation

00 2009-09-17 Introduced in House 2009-09-28T19:57:10Z Amends the Internal Revenue Code to exempt from income taxation a newspaper corporation or organization if: (1) it publishes on a regular basis a newspaper for general circulation; (2) its newspaper contains local, national, and international news stories of interest to the general public and the distribution of such newspaper is necessary or valuable in achieving an educational purpose; and (3) the preparation of the material contained in such newspaper follows a methodology generally accepted as educational.

Exempts the advertising income of a tax-exempt newspaper corporation or organization from taxation as unrelated business income and allows a charitable tax deduction for contributions to such newspaper corporation or organization.

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To allow certain newspapers to be treated as described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of such Code. Display Title To allow certain newspapers to be treated as described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of such Code. Official Title as Introduced To allow certain newspapers to be treated as described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of such Code. Introduced in House IH Introduced in House 2009-09-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr3602ih/xml/BILLS-111hr3602ih.xml 2009-09-17 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.